featured

SAN FRANCISCO— A prominent Silicon Valley venture capitalist who helped direct early investments in Google and Amazon said Tuesday during testimony in a high-profile sex discrimination lawsuit that his firm is not run by men and has many female senior partners. John Doerr took the stand in San Francisco Superior Court in the lawsuit against venture capital...

This is a Band-aid solution, says Jeffrey Sonnenfeld, Yale School of Management, providing insight into Oracle's management shakeup and other major changes at top-tier companies, including IBM. And CNBC's Jon Fortt, shares insight.

The Yamal plan, a $27 billion investment to tap vast natural gas reserves in northwest Siberia, aims to double Russia's stake in the fast-growing market for liquefied natural gas. Russia has said it will make sure Yamal has the resources it needs to keep building.

TORONTO, Sept 18- Shareholder activism is likely to gather momentum in the Canadian energy industry in the coming months, sparked by some poor stock performance, the success of past campaigns and growing support from large institutional investors.

*Sulzer worth $4.6 bln, Dresser-Rand worth $5.6 bln. Sept 17- Swiss pump maker Sulzer said on Wednesday it is in talks on a potential combination with U.S. compressor and turbine maker Dresser-Rand, a deal that would create a machinery company with a combined market valuation exceeding $10 billion.

South Africa's richest man Johann Rupert has a track record of leading Swiss-based Richemont through difficult times and his comeback at the company's annual general meeting in Geneva provided some comfort for investors.

BERLIN, Sept 17- Oliver Samwer and his brothers Marc and Alexander are on the brink of becoming Germany's newest billionaires with the flotations of Rocket Internet and the European online fashion site Zalando it helped launch in 2008..

CAPE CANAVERAL/ WASHINGTON, Sept 16- NASA will partner with Boeing and SpaceX to build commercially owned and operated "space taxis" to fly astronauts to the International Space Station, ending U.S. dependence on Russia for rides, officials said on Tuesday.

Sept 16- Allergan Inc and its suitors Pershing Square Capital Management and Valeant Pharmaceuticals Inc settled their pending litigation before the Delaware Court of Chancery and agreed to hold a special shareholder meeting on the originally scheduled date, Dec. 18.

HONG KONG/ NEW YORK, Sept 15- Alibaba Group Holding Ltd raised the price range on its initial public offering to $66 to $68 a share, responding to strong investor demand for what could be the world's largest-ever IPO.

AMERICA MOVIL SEEKS AT&AMP; T, SOFTBANK BIDS FOR MEXICAN. Sept 15- Mexican telecom company America Movil has reached out to AT&T Inc and Japan's SoftBank Corp as it looks to sell assets along the east coast of Mexico that could fetch as much as $17.5 billion, Bloomberg reported, citing people with knowledge of the matter.

MOSCOW/ KIEV, Sept 14- Russian mobile firms face being squeezed out of Ukraine after Kiev signaled it would favor European companies in future airwave auctions to curb Moscow's influence in the country.